An Owner Change Order (OCO) represents a change order from the owner to the prime contractor/construction manager. These documents are built from one or many change requests (RCOs) by processing the RCOs into the OCO.
Either the prime contractor or the owner can compile these documents. The documents must be executed at the OCO level to transfer the cost to the Pay Application SOV. This document authorizes work to be performed and usually indicates an increase in time and/or price in the contract between the owner and prime contractor.
You can create and edit OCOs, browse the log of all OCOs for a project, view an OCO, and process an OCO. Contract Change Orders (CCOs), Contracts, Purchase Orders (POs), and Purchase Order Change Orders (POCOs) can also be created from the OCO module, automatically including the related information from the OCO Cost Items.